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Canada Nickel Announces Successful Completion of Carbon Storage Pilot Plant, Confirms Value of Carbon Storage Capacity; Integrated Feasibility Study to be Released on October 12, 2023

Canada Nickel Announces Successful Completion of Carbon Storage Pilot Plant, Confirms Value of Ca...

articleCanada Nickel Company IncSeptember 28, 20235/company/canada-nickel/news/canada-nickel-announces-successful-completion-of-carbon-storage-pilot-plant-confirms-value-of-carbon-storage-capacity-integrated-feasibility-study-to-be-released-on-october-12-2023
Canada Nickel Announces Successful Completion of Carbon Storage Pilot Plant, Confirms Value of Carbon Storage Capacity; Integrated Feasibility Study to be Released on October 12, 2023

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[{"type":"text","content":"\n \n \n \n Canada Nickel Announces Successful Completion of Carbon Storage Pilot Plant, Confirms Value of Carbon Storage Capacity; Integrated Feasibility Study to be Released on October 12, 2023\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Highlights\n \n \n \n \n \n \n Carbon Storage Pilot Plant confirms the Feasibility Study design parameters\n \n \n \n \n IPT Carbonation was also successfully applied to material from a third party company confirming the technologies' commercialization potential\n \n \n \n \n Consulting study confirms Canada Nickel Crawford project could reasonably expect more than C$25 per tonne of CO\n \n 2\n \n in storage fees\n \n \n \n \n Canada Nickel's carbon storage business bolstered by addition of Adam Schatzker as Vice-President Corporate Development focused on building our carbon-related businesses\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Sept. 28, 2023\n \n \n /CNW/ - Canada Nickel Company Inc. (\"Canada Nickel\" or the \"Company\") (TSXV: CNC) (OTCQX: CNIKF) today announced that it has successfully completed its carbon storage pilot plant, demonstrating the value of its novel carbon storage process, In-Process Tailings (\"IPT\") Carbonation.\n \n \n \n \n \n \n \n \n \n The Company processed more than 7 tonnes of tailings and confirmed the engineering design parameters for IPT Carbonation for incorporation in the Integrated Feasibility Study (\"IFS\") expected to be released on\n \n October 12, 2023\n \n . The pilot plant also was utilized to successfully apply the IPT Carbonation process to material from a third party's project, demonstrating the potential to commercialize the process for other projects including the Company's regional nickel properties in the Timmins Nickel District.\n \n \n In addition, a study by a leading strategy house confirms that the Canada Nickel Crawford project could reasonably expect in excess of\n \n C$25\n \n per tonne of CO\n \n 2\n \n in storage fees from its IPT Carbonation process based on publicly known storage fees and given ...

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